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Topic: Does Bitcoin really need an ATM? - page 7. (Read 6255 times)

newbie
Activity: 6
Merit: 0
June 11, 2017, 08:38:23 PM
#50
ATM are good option, but to make ATM transactions fast bitcoin confirmation are needed to be fast.
full member
Activity: 420
Merit: 100
June 11, 2017, 08:27:32 PM
#49
I think, yes, Bitcoin is just a way to send money online, but people need a way to exchange Bitcoin into cash so that they can spend them in real life
nod
full member
Activity: 126
Merit: 100
June 11, 2017, 08:14:02 PM
#48
Bitcoin is what people need, paying through Internet, anonymously, isn't it the one that they need?
sr. member
Activity: 602
Merit: 250
June 11, 2017, 11:21:31 AM
#47
Does email need paper?
Yes.

Bitcoin is less reliant on ATMs than classic money, but like email and paper, there are many people who need it. If there is a market, it will be done.
I don't think that bitcoin need to ATM. I think so, not necessary because it is electronic currency and difficult to manage. If you change your bitcoin into a currency that you use via the internet, so se faster
legendary
Activity: 1918
Merit: 1759
June 11, 2017, 11:14:30 AM
#46
If one need to choose between Net Banking or ATM, what you gonna choose?
Me surely going for net banking. So as Bitcoin economies are develop more than the scope of ATM and if we can buy/sell Bitcoin at very less fees as compared to ATM then I don't understand why people urge for extra non needed ATM expenditure.  
sr. member
Activity: 322
Merit: 250
June 11, 2017, 11:07:56 AM
#45
Its just for me ah, I don't think doing Bitcoin ATM is good because first, what will be the essence of bitcoin as an Internet Currency if you would put it on the real world and make an ATM for it, I mean if you are talking about an a exchanger ATM that would change your bitcoin into real money is good but having a BITCOIN atm is not really a definately a good idea.
hero member
Activity: 2604
Merit: 816
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June 11, 2017, 11:02:47 AM
#44
i think bitcoin now is really need an ATM because we see that bitcoin is growth so fast and this years, with the price is going to increase more and more, the ATM is needed in many places so many people will know about bitcoin and they can join like us to start using bitcoin for daily. the ATM is helping us to deposit and withdraw our funds so we don't need to send it into third party services but we can send it into the machine and we can have our money fast.
sr. member
Activity: 420
Merit: 250
June 11, 2017, 10:52:53 AM
#43
Bitcoin ATMs are essential. Many places its really hard to buy bitcoin. Sure in the States i've heard it's pretty easy, but for those without ID or not wanting to go through the verification process on an exchange. It is also trouble to find a reputable place to buy bitcoin online for some countries. In Canada you can use localbitcoins, with a huge fee, sometimes $100, or use your bank to buy it for you with a 30% fee, or a Canadian exchange like quadrigacx where bitcoin is $100 more if buying with Canadian dollars, plus sending dollars to the exchange you have to spend money with your bank, money order and such. Bitcoin ATMs are just so convenient, I wish there were more of them. Wish there were easier ways to buy bitcoin, like with a debitcard. Again the biggest problem bitcoin faces today is the fees.
sr. member
Activity: 438
Merit: 266
June 11, 2017, 10:42:07 AM
#42
Yes, without ATMs Bitcoins are hard to get them. I hope it will be set in my city as soon as possible.
legendary
Activity: 1540
Merit: 1003
June 11, 2017, 05:09:28 AM
#41
I think yes, bitcoin and people need an bitcoin ATM, not only bitcoins but like an exchange with many different crypto coins because people would be in hurry.

Or traveling somewhere and why not spending the bitcoin and save the mess converting the cash into the local currency.

The small fees sometime shouldn't be considered because you are spending online money in a country which converting into local currency the fees are higher.
hero member
Activity: 1036
Merit: 502
June 11, 2017, 05:08:15 AM
#40
For me yes. Bitcoin ATM will make people interest about bitcoin because they never know about it before and also bitcoin ATM is really important when bitcoin become popular someday. So they can easily cash it out or even buy bitcoin from that bitcoin ATM. There are many benefit though for bitcoin if many place have bitcoin ATM.

If you want make people interest why not do some advertisement not ATM machine so you just build ATM to advertise bitcoin? Hmm I think it will cost many money than Television ads.

But I agree in Bitcoin ATM Machine so that when I need money you just go there and withdraw some fiat money.
hero member
Activity: 924
Merit: 512
June 11, 2017, 04:52:06 AM
#39
Bitcoin does require an ATM in order to get the cash to get bitcoin easily.


For cashless transactions we do not need to Bitcoin ATM but for emergency reason to use the bitcoin until it become legal money. We need ATM to make the transaction to take out the cash.
After 5 years we do not need to atm at all because that time we will bitcoin legal in use for all the countries.
sr. member
Activity: 490
Merit: 250
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June 11, 2017, 04:47:29 AM
#38
For me yes. Bitcoin ATM will make people interest about bitcoin because they never know about it before and also bitcoin ATM is really important when bitcoin become popular someday. So they can easily cash it out or even buy bitcoin from that bitcoin ATM. There are many benefit though for bitcoin if many place have bitcoin ATM.
full member
Activity: 212
Merit: 100
June 11, 2017, 04:42:14 AM
#37
Bitcoin does require an ATM in order to get the cash to get bitcoin easily.
full member
Activity: 228
Merit: 100
June 11, 2017, 04:24:43 AM
#36
Bitcoin is the currency why should need an ATM.

legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
June 11, 2017, 04:21:00 AM
#35
I don't think that bitcoin ATMs are really convenient for advances users. The rates aren't all that great and the verification procedure in most are tedious. Exchanges are always going to be better IMO.  
hero member
Activity: 854
Merit: 500
June 11, 2017, 04:17:50 AM
#34
I think that is not really necessary, the only thing necessary and indispensable with bitcoin is the internet. Bitcoin is a digital product, and it only works when the world exists on the internet. ATM bitcoin is just a bitcoin utility, but it is not feasible because bitcoin transactions take too much time to validate.
hero member
Activity: 728
Merit: 501
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June 11, 2017, 04:12:24 AM
#33
Bitcoins i think doesnt need any ATM machines and banks.Bitcoins needs a decent exchange that is not regulated by the government,an exchange of currency which is tax free from the government.Bitcoins atm is just a bonus from bitcoin adoption and development
sr. member
Activity: 287
Merit: 250
June 11, 2017, 04:07:35 AM
#32
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
June 11, 2017, 03:27:12 AM
#31
This is an old post where bitcoin was not used by many people and its price was not high. Those days nobody could predict the road of btc and most of the bitcoiners where enthusiasts. Currently crypto ATM is a good way somebody who does not want to involve with exchange or afraid the face to face trading buy or sell his coins. The only bad thing, imo, is the high conversion rate.
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